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Ralf Jurrien : July 11th 2007 - 00:25 CET

Canon USA names president of financial services


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CanonCanon USA names president of financial services : Canon USA, Inc., a leader in digital imaging technology, announced the appointment of Richard P. Palmieri as President of Canon Financial Services. Canon Financial Services, Inc. is a wholly owned subsidiary of Canon USA, and is concentrated on the financing and leasing of Canon commercial equipment, such as copiers, fax machines and printers, as well as medical equipment and broadcast television equipment, through authorized dealers. Palmieri has an impressive 25-year background in diversified financial services. Most recently, he has served as president of Schneider Financial Services, a subsidiary of transportation industry leader, Schneider National.
Canon USA names president of financial servicesCanon president of financial services
Palmieri has also been a managing director of investment banking for Credit Suisse Group. Palmieri is active in the financial services industry as a member of the experts panel of the United Nations Commission on International Trade Law, and as a past chairman of the Commercial Finance Association. “We are pleased to have Richard Palmieri, who has impeccable credentials in the financial services arena, join our leadership team,” said Ryoichi Bamba, executive vice president and chief operating officer, Canon USA “Canon Financial Services is an important aspect of our philosophy of providing customers with superior services and we look forward to this business growing under Richard’s stewardship.”

Canon financial services
In his role as President of Canon Financial Services, which is based in Mt. Laurel, New Jersey, Palmieri will oversee Canon’s financial service activities related to the support of Canon customers and products.

About Canon USA
Canon USA, Inc. delivers consumer, business-to-business, and industrial imaging solutions. The Company is listed as one of Fortune's Most Admired Companies in America and is on the 2006 BusinessWeek list of "Top 100 Brands.” Its parent company, Canon Inc., is a top patent holder of technology, ranking third overall in the US in 2006, with global revenues of $34.9 billion.





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